About Paramount Lodging Advisors
Paramount Lodging Advisors (PLA) is a hotel brokerage and advisory firm headquartered in Chicago, Illinois. Founded in 2007 and led by hotel owners and operators, PLA has completed more than 1,200 hotel transactions totaling over $14 billion in volume, representing hotel owners, investors and lenders across the United States.
What we do
Hotel investment sales. Exclusive representation for owners selling select-service, full-service, extended-stay, resort and independent hotels, hotel portfolios and hotel development sites.
Hotel loan sales. Advisory for lenders and note holders selling hotel loans.
Valuation and due diligence. Snapshot Valuation™, PLA's analysis of the hotel, its local market, transaction trends and industry outlook.
Asset management and value enhancement. Hands-on work with hotel management and property staff to grow Net Operating Income before a sale or during a hold.
Hospitality consulting. Brand selection and relicensing, feasibility, development and management questions.
Financing. Acquisition, refinance and construction capital through affiliate Paramount Capital Advisors.
Where we work
PLA has closed hotel transactions in more than 20 states, with its deepest track record in the Midwest: Illinois, Wisconsin, Michigan and Indiana. PLA has also sold hotels in California, New York, New Jersey, Pennsylvania, Texas, Florida, Arizona, New Mexico, North Dakota and other states. PLA agents work from 10 locations across the U.S.
By the numbers
Founded: 2007
Hotel transactions: 1,200+
Transaction volume: $14B+
Close rate on listings: 90%+
Hospitality industry connections: 40,000
Leadership
Sanjeev Misra, Co-Founder and Designated Managing Broker. B.S., Cornell University School of Hotel Administration; MBA, University of Michigan Ross School of Business. Has served on the Advisory Board of the Cornell Center for Real Estate and Finance.
Dan Beider, Co-Founder and Principal.
Mike Schlictman, Principal.
Affiliated companies
Paramount Capital Advisors (paramountcapital.com): hotel financing and equity capital for acquisitions, refinances and construction.
Atira Hotels (atirahotels.com): hotel development and management.
Recognition
Inc. 5000 Fastest-Growing Private Companies, seven times: 2014, 2015, 2016, 2017, 2018, 2020 and 2024
Real Estate Forum: 2nd Fastest-Growing Small Company
National Real Estate Investor: #18 Largest Real Estate Brokerage
Hotel Management: Top Hotel Broker, Midwest
Our pledge
Every PLA broker makes the same five promises: return every phone call within one business day, respond to every inquiry about a specific property, advance the seller's best interests, protect client confidentiality, and bring hotel industry experience or certifications.
Talk to a broker
212 W. Superior St., Suite 204, Chicago, IL 60654 · 312.239.0166 · info@paramountlodging.com